SOLOCAL_Registration Document_2017

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CORPORATE GOVERNANCE 4.2 Functioning of the Board and the Committees

STATUTORY AUDITORS’ REPORT 4.2.4

STATUTORY AUDITOR'S REPORT ON THE CORPORATE GOVERNANCE REPORT

Financial year ended 31 December 2017 To the Annual General Meeting of SoLocal Group We have, in our capacity as your Company’s Statutory Auditors and in accordance with Article L. 225-235 of the French Commercial Code, drawn up this report on the corporate governance report which is stipulated by Article L. 225-37 of the same Code. The corporate governance report was written under our responsibility. We are responsible for certifying the existence of certain information in the corporate governance report and for attesting to the accuracy and genuineness of the information on the remuneration and benefits paid to the corporate officers. We performed our work in accordance with the professional standards of practice which apply in France. The work involved the following: examining the information mentioned in Article L. 225-37-4 of the French Commercial Code on the different operational aspects of the Company’s Administrative and Management bodies and in Article L. 225-37-3 of the French Commercial Code on the individual remuneration of corporate officers, and Article L. 225-37-5 on information which your Company considered liable to impact a tender offer or a public exchange offer; checking that the information required by Articles L. 225-37-3 and L. 225-37-4 is set out in the corporate governance report; l concerning the information provided pursuant to Article L. 225-37-3 of the French Commercial Code relating to the remuneration and l benefits received by the corporate officers and any other commitments made to them, we verified that it was consistent with the financial statements, or the underlying information used to prepare them and, where appropriate, with the information your Company has obtained from companies that control your Company or are controlled by it; checking that the information which is liable to have an impact on a tender offer or a public exchange offer and supplied pursuant to l Article L. 225-37-5 of the French Commercial Code conforms with the basic documents which it is derived from and which were disclosed to us. On the basis of our work: we certify that the information required by Articles L. 225-37-3 and L. 225-37-4 of the French Commercial Code is set out in the corporate l governance report and that the information required by Article L. 225-37-3 of the French Commercial Code is accurate and genuine; we have no observations to make on the information which is referred to in Article L. 225-37-5 of the French Commercial Code. l

Paris-La Défense and Neuilly-sur-Seine, 14 February 2018 Statutory Auditors

BEAS A Deloitte network entity

AUDITEX Member of the Ernst & Young network Global Limited

Joël Assayah

Vincent de La Bachelerie

122 2017 Registration Document SOLOCAL